HS Code 40027000: Ethylene-Propylene-Nonconjugated Diene Rubber (EPDM)
Introduction:
Ethylene-propylene-nonconjugated diene rubber (EPDM) is a versatile synthetic rubber that is widely used in various industries. It is classified under HS Code 40027000 and is primarily available in the form of primary forms, plates, sheets, or strips. EPDM offers excellent resistance to heat, weather, and aging, making it suitable for a wide range of applications.
Product Description:
Under HS Code 40027000, EPDM is categorized as a type of rubber that is manufactured using the copolymerization of ethylene, propylene, and a nonconjugated diene monomer. This synthetic rubber possesses a unique molecular structure that provides exceptional properties such as high elasticity, flexibility, and resistance to environmental factors.
EPDM is primarily produced in primary forms, which include pellets or granules, as well as in the form of plates, sheets, or strips. These different forms allow for easy handling and processing in various manufacturing processes.
Bound / MFN Duty Rate:
The bound / Most Favored Nation (MFN) duty rate for HS Code 40027000 is free. This means that countries are not required to impose any import duties or tariffs on EPDM when it is imported from any trading partner. It promotes fair trade practices and encourages countries to lower trade barriers and open up their markets for the same goods or services.
Quantity Unit:
The quantity unit for HS Code 40027000 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of EPDM being imported or exported.
Special Tariff Preference Programs:
Under HS Code 40027000, EPDM may qualify for special tariff preference programs in certain countries. These programs provide additional benefits and exemptions from import duties or tariffs. Some of the special tariff preference programs applicable to EPDM include:
- Generalized System of Preferences (GSP): Provides duty-free treatment for EPDM imports.
- Australia Special Rate: Offers duty-free treatment for EPDM imports under the Automotive Products Trade Act (APTA).
- Bahrain Special Rate: Provides duty-free treatment for EPDM imports.
- Agreement on Trade in Civil Aircraft: Grants duty-free treatment for EPDM imports.
- NAFTA for Canada: Offers duty-free treatment for EPDM imports under the North American Free Trade Agreement.
- Chile Special Rate: Provides a special rate for EPDM imports.
- Caribbean Basin Initiative (CBI): Offers duty-free treatment for EPDM imports from eligible countries in the Caribbean region.
- Israel Special Rate: Grants duty-free treatment for EPDM imports.
- Andean Trade Preference Act (ATPA): Provides a special rate for EPDM imports from eligible countries in the Andean region.
- Jordan Special Rate: Offers a special rate for EPDM imports from Jordan.
- Morocco Special Rate: Provides a special rate for EPDM imports from Morocco.
- NAFTA for Mexico: Offers duty-free treatment for EPDM imports under the North American Free Trade Agreement.
- Oman Special Rate: Provides a special rate for EPDM imports from Oman.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Offers a special rate for EPDM imports from eligible countries in the Dominican Republic-Central American region.
- Peru Special Rate: Provides a special rate for EPDM imports from Peru.
- Singapore Special Rate: Offers a special rate for EPDM imports from Singapore.
These special tariff preference programs aim to promote trade and strengthen economic relations between countries.
Importing US States:
The following US states are known for importing EPDM classified under HS Code 40027000:
- Arkansas
- Colorado
- Minnesota
- Missouri
- Nebraska
- New Mexico
- North Carolina
- Ohio
- Pennsylvania
- Wisconsin
- Louisiana
- Virginia
These states have a significant demand for EPDM and utilize it in various industries such as automotive, construction, electrical, and manufacturing.
Exporting US States:
The following US states are known for exporting EPDM classified under HS Code 40027000:
- Arizona
- Colorado
- Delaware
- Maryland
- Michigan
- Minnesota
- New Hampshire
- New Mexico
- Pennsylvania
- Vermont
- Wisconsin
- West Virginia
- Louisiana
These states have a strong presence in the EPDM market and contribute to the global supply chain by exporting this versatile synthetic rubber to various countries.
Conclusion:
HS Code 40027000 represents ethylene-propylene-nonconjugated diene rubber (EPDM), which is widely used in various industries due to its exceptional properties. EPDM is available in primary forms, plates, sheets, or strips and is imported and exported by several countries, including the United States. The special tariff preference programs further enhance the trade of EPDM by providing duty-free treatment and special rates. The use of EPDM in different applications continues to grow, making it a vital material in the modern industrial landscape.
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